I believe SVM is being very smart here. This financing should get them through the 90 days after delivery of the DFS where RIO can exercise their rights. The SP has been pushed higher by Sprott's top up to some degree, so it was actually not a bad time to take the hit.
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SVM
sovereign metals limited
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0.70%
!
71.0¢

SVM placement, page-5
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Last
71.0¢ |
Change
-0.005(0.70%) |
Mkt cap ! $459.3M |
Open | High | Low | Value | Volume |
70.0¢ | 71.5¢ | 69.5¢ | $227.2K | 321.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 306 | 70.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
71.0¢ | 3986 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 306 | 0.705 |
1 | 714 | 0.700 |
1 | 20000 | 0.695 |
1 | 15000 | 0.685 |
9 | 95500 | 0.680 |
Price($) | Vol. | No. |
---|---|---|
0.710 | 3986 | 1 |
0.715 | 62511 | 2 |
0.730 | 10000 | 1 |
0.735 | 10000 | 1 |
0.745 | 25000 | 1 |
Last trade - 16.11pm 01/08/2025 (20 minute delay) ? |
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SVM (ASX) Chart |
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RC1
REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
Non-Executive Director
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